Promoting value for money through Open Contracting

Public procurement Public procurement is purchasing goods, works and services on behalf of a public authority to benefit citizens. Problems in public procurement By its nature, a contract is a two-party agreement. The award of a public contract in secrecy usually gives rise to problems affecting its results. Some of these issues are: Shoddy works, Corruption Project delays Inflated costs Unplanned costs No Value for money Open Contracting as a solution Open Contracting is the concept that public procurement should

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